SML2 vs XEWG: fund overlap

ETF comparisons  /  SML2 vs XEWG

equity comparison · SML2 2026-08-28 · XEWG 2026-10-12

SML2 vs XEWG

Invesco S&P 500 UCITS ETF ETFS compared with XTRACKERS S&P 500 EQUAL WEIGHT UCITS ETF

The funds share a substantial core but differ outside it.SML2 has 6 companies outside the overlap; XEWG has 11.

Do SML2 and XEWG overlap?

SML2 and XEWG overlap by 46.1% by weight, across 494 shared companies.

SML2equity

Invesco S&P 500 UCITS ETF ETFS

503holdings
0.05%annual fee
Europemarket
Valuation493 companies covered
26.3×P / E98% by weight
5.15×P / B85% by weight
3.8%Earnings yield
SML2 holdings and fund profile
XEWGequity

XTRACKERS S&P 500 EQUAL WEIGHT UCITS ETF

510holdings
0.17%annual fee
Europemarket
Valuation492 companies covered
21.9×P / E94% by weight
3.03×P / B87% by weight
4.6%Earnings yield
XEWG holdings and fund profile

Price development

Both lines rebased to 0% over their shared dates

Largest shared positions

494 companies held in both funds

SML2 weight XEWG weight
Shared companySML2 XEWG
CROWDSTRIKE HOLDINGS INC - A CRWD
0.29%
0.26%
ADVANCED MICRO DEVICES AMD
1.07%
0.25%
MARVELL TECHNOLOGY, INC. MRVL
0.29%
0.25%
Palo Alto Networks Inc PANW
0.49%
0.25%
PALANTIR TECHNOLOGIES INC-A PLTR
0.59%
0.23%
ANALOG DEVICES, INC. ADI
0.29%
0.23%
ARISTA NETWORKS, INC. ANET
0.29%
0.23%
Applied Materials Inc AMAT
0.59%
0.23%
Texas Instruments Inc TXN
0.39%
0.22%
META PLATFORMS INC-CLASS A META
1.85%
0.22%
Thermo Fisher Scientific Inc TMO
0.29%
0.22%
AbbVie Inc ABBV
0.68%
0.22%
Microsoft Corp MSFT
5.66%
0.22%
KLA Corp KLAC
0.29%
0.22%
Amphenol Corp APH
0.29%
0.22%
CISCO SYSTEMS, INC. CSCO
0.68%
0.22%
Apple Inc AAPL
6.93%
0.22%
Intel Corp INTC
0.68%
0.22%
Micron Technology Inc MU
1.56%
0.21%
ELI LILLY & CO LLY
1.37%
0.21%
NVIDIA CORP NVDA
7.71%
0.21%
ALPHABET INC GOOGL 2 share classes
5.37%
0.21%
↳ ALPHABET INC-CL A GOOGL3.03%0.12%
↳ ALPHABET INC-CL C GOOG2.34%0.10%
Amgen Inc AMGN
0.39%
0.21%
GE VERNOVA INC. GEV
0.39%
0.21%
LAM RESEARCH CORPORATION LRCX
0.59%
0.21%

SML2 and XEWG questions

Based on the holdings compared above

How much do SML2 and XEWG overlap?

SML2 and XEWG overlap by 46.1% by weight, across 494 shared companies.

Which companies do SML2 and XEWG both hold?

The largest companies held in both funds are CROWDSTRIKE HOLDINGS INC - A, ADVANCED MICRO DEVICES, MARVELL TECHNOLOGY, INC., Palo Alto Networks Inc, PALANTIR TECHNOLOGIES INC-A.

Can I hold both SML2 and XEWG?

Holding both means 46.1% of that part of your portfolio is the same companies counted twice. That can suit you or not depending on your goals; this tool reports the overlap rather than giving advice.

Is SML2 or XEWG cheaper?

SML2 has a 0.05% expense ratio and XEWG has 0.17%.

How do SML2 and XEWG compare on valuation?

SML2 has a weighted P/E of 26.3 and XEWG has a weighted P/E of 21.9.

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